look at depth , it is HEAVILY supported at 3.80 with 200K+ of orders
If zinc price goes up again and with low 3.80s looking to be a bottom - the shorters could get spooked to death and cover, and low and behold its over $4 again
i reckon cfd traders and traders love this stock
When the shorts head for the covers, itll rebound big-time as it usually does
I hope zinc goes up tonight and stockpiles drop as 3.80 is the bottom according to depth and shorters will cover if zn price up!
PEM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held